Silver Swing Trader

MCX Intermediate SILVER SILVERM SILVERMIC
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Quick Reference

Strategy Type Positional Swing Trading
Market Bias Trend Following with Swing Entries
Timeframe 4-hour and Daily charts
Holding Period 3-15 days
Risk Reward Ratio 1:2 to 1:4
Capital Required ₹50,000-2,00,000 depending on contract
Best Market Conditions Trending markets with clear swing structure
Key Concept Capture intermediate price swings within larger trends

India-Specific Notes

Contracts

SILVER 30 kg • ₹1 per kg • ₹30 per tick • ₹1,20,000-1,80,000
SILVERM 5 kg • ₹1 per kg • ₹5 per tick • ₹20,000-35,000
SILVERMIC 1 kg • ₹1 per kg • ₹1 per tick • ₹5,000-8,000

Swing Characteristics

Typical Swing Duration 3-15 trading days
Average Swing Magnitude ₹1,500-4,000 per kg
Best Swing Months September-November, January-March (seasonal patterns)

Global Drivers

Primary COMEX Silver futures
Secondary USD/INR exchange rate
Tertiary Gold correlation, industrial demand

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